Primary Health Properties Plc (JSE:PHP)

Primary Health Properties Income Statement

Financials in millions GBP. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	181.7	169.8	154.1	145.6	139
Total Revenue	181.7	169.8	154.1	145.6	139
Revenue Growth (YoY	7.01%	10.19%	5.84%	4.75%	14.59%
Property Expenses	26	18.8	12.6	8.9	7.8
Selling, General & Administrative	13	12.3	9.6	10.5	13.2
Total Operating Expenses	39.9	32	22.2	19.4	21
Operating Income	141.8	137.8	131.9	126.2	118
Interest Expense	-51.1	-49.2	-38.5	-38.4	-51.9
Interest & Investment Income	-	0.2	0.9	0.8	1.2
Other Non-Operating Income	-2.2	-0.8	-0.1	0.7	-4
EBT Excluding Unusual Items	88.5	88	94.2	89.3	63.3
Merger & Restructuring Charges	-	-	-	-1.7	-
Gain (Loss) on Sale of Assets	-	-	2.9	0.3	0.1
Asset Writedown	-38.4	-53	-64.4	110.2	51.3
Other Unusual Items	-3.1	-8.9	24.2	-56.5	-2.3
Pretax Income	47	26.1	56.9	141.6	112.4
Income Tax Expense	5.6	-1.2	0.6	1.5	0.4
Net Income	41.4	27.3	56.3	140.1	112
Net Income to Common	41.4	27.3	56.3	140.1	112
Net Income Growth	51.65%	-51.51%	-59.81%	25.09%	-
Basic Shares Outstanding	1,337	1,337	1,335	1,330	1,266
Diluted Shares Outstanding	1,456	1,450	1,444	1,436	1,368
Shares Change (YoY)	0.38%	0.46%	0.55%	4.92%	25.31%
EPS (Basic)	0.03	0.02	0.04	0.11	0.09
EPS (Diluted)	0.03	0.02	0.02	0.10	0.09
EPS Growth	54.88%	-9.77%	-77.43%	13.31%	-
Dividend Per Share	0.069	0.067	0.065	0.062	0.059
Dividend Growth	2.99%	3.08%	4.84%	5.08%	5.36%
Operating Margin	78.04%	81.15%	85.59%	86.68%	84.89%
Profit Margin	22.79%	16.08%	36.54%	96.22%	80.58%
EBITDA	142.7	138.7	-	-	-
EBITDA Margin	78.54%	81.68%	-	-	-
D&A For Ebitda	0.9	0.9	-	-	-
EBIT	141.8	137.8	131.9	126.2	118
EBIT Margin	78.04%	81.15%	85.59%	86.68%	84.89%
Effective Tax Rate	11.92%	-	1.05%	1.06%	0.36%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.